Tension relaxing on two fronts in important Turkey

Tension is easing on two still-dodgy fronts in a mostly stable country supremely important in the logistics and geopolitics of energy. That importance relates not to Turkey's oil and gas production, which is negligible, but to its vital roles as an oil-transit country and power broker in the eastern Mediterranean. With an economy growing at more than 8%/year until a slowdown in 2012, Turkey also is a growth market for oil and natural gas. One step toward relaxation was an Apr. 25 announcement by the outlawed Kurdistan Workers Party (PKK), internationally considered a terrorist organization, that it would withdraw militant rebels from Turkey in phases beginning on May 5. Jailed PKK leader ...

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